Public Charity

PURCHASE AREA REGIONAL INDUSTRIAL AUTHORITY INC

PURCHASE AREA REGIONAL INDUSTRIAL AUTHORITY INC is a Public Charity headquartered in MAYFIELD, KY. Financial data from the 2025 filing: $719K revenue, $71K expenses, $14.7M total assets. IRS filings disclose 18 grants awarded by this foundation, totaling roughly $1.1M.

EIN: 611393236 MAYFIELD, KY Latest filing: 2025
Total Revenue$719K
Total Expenses$71K
Total Assets$14.7M
Grants Given18
Grant Total$1.1M
Filing Years2021–2025

Mission

TO ORGANIZE, PROMOTE, AND DEVELOP INDUSTRIAL GROWTH IN THE PURCHASE AREA OF WESTERN KENTUCKY

Sample Grants Given

FULTON-HICKMAN COUNTIES ECONO
FULTON, KY · 2020
$173,061
MARSHALL CO FISCAL COURT
BENTON, KY · 2018
ACQUIRE OPTION FOR LAND
$104,061
BALLARD CO FISCAL COURT
WICKLIFFE, KY · 2018
SEVERAL SMALL REPAIRS
$45,400
CALLOWAY CO FISCAL COURT
MURRAY, KY · 2018
SPEC BUILDING FUNDING
$34,312
HICKMAN CO FISCAL COURT
CLINTON, KY · 2018
IMPROVEMENTS TO PARK
$34,312

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

Director Brent Shultz
Director Bruce Wilcox
Director Jerod Webb
Director Jim Martin
Director John Summers
Director Kenny Wilson

Officer compensation and complete director data available with membership.

Top Grant Purposes

ACQUIRE OPTION FOR LAND
$194,061 2 grants
Unspecified
$173,061 1 grant
SEVERAL SMALL REPAIRS
$126,975 2 grants
TO CREATE LONG TERM JOBS IN CALLOWAY COUNTY.
$125,437 1 grant
TO HELP CREATE INFRASTRUCTURE FOR THE ROTARY PARK - HICKMAN COUNTY FARMER'S MARKET.
$104,437 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $719K $71K $14.7M
2024 $547K $35K $14.1M
2023 $534K $20K $13.6M
2022 $252K $31K $13.1M
2021 $358K $215K $12.8M

Between 2021 and 2025, reported annual revenue grew from $358K to $719K (+101%), with total assets most recently reported at $14.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in KY.

KY

Full geographic grant map with state-by-state breakdown available with membership.

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